Get to Know Net Metering
Understanding Net Metering
What is it?
Net metering is a utility billing method available in Utah that offers a credit to residential and business customers who are making excess electricity with their solar panel systems and sending it back to the local power grid.
How does it work?
A rooftop solar system can, at times, generate more electricity than is consumed by the home or business owner during daylight hours. With no way to store this excess energy at its location for when more energy is needed than is being produced usage, net metering allows for this excess energy to be placed on the local power grid.
With net metering, the homeowner or business is only billed for the difference between the energy produced by the solar power system and the energy consumed by the house or business over the monthly billing period.
On a net metered building, you will see the meter run forwards at times when more energy is being used than produced and backwards as excess energy is placed on the grid. You get a credit when the “net” produced is surplus what energy was consumed each month. Your credit can then be used against the electricity you use from the grid when it’s not sunny, at nighttime, or during winter months.